Thank you for the article. I found the information useful.
However, if you're comparing this to peak oil predictions, you need to build in the same energy demand growth rates. After 30 (especially after 80) years, compound growth of even 3-5% makes a HUGE difference in absolute demand.
I understand you have to make certain simplifications to make it understandable, but this one is may be big enough to affect your conclusions.
I've always been interested in natural gas for the long term. Can't say I've studied it much for the short term. The economics of using it just make too much sense, especially if a tax/cap/whatever is placed on carbon.
I've also wanted to invest in something that will benefit from Russia's continuing reliance on doubling the price of gas to Europe. I was looking at BG Group (BRGYY) or possibly BP. Any thoughts on those two?
Is There Enough Natural Gas? [View article]
However, if you're comparing this to peak oil predictions, you need to build in the same energy demand growth rates. After 30 (especially after 80) years, compound growth of even 3-5% makes a HUGE difference in absolute demand.
I understand you have to make certain simplifications to make it understandable, but this one is may be big enough to affect your conclusions.
The Case for Natural Gas [View article]
I've also wanted to invest in something that will benefit from Russia's continuing reliance on doubling the price of gas to Europe. I was looking at BG Group (BRGYY) or possibly BP. Any thoughts on those two?